Lawyers can take steps to reduce or eliminate the risk of falling victim to the "bad cheque" scam." However, if a lawyer is caught, trust shortage liability insurance provides some protection, helping ensure that clients who have placed funds in trust with that lawyer do not suffer a financial loss.

The insurance provides a limit of $500,000 per claim, and per lawyer and firm annually, a profession-wide annual aggregate of $2 million, and a deductible of 35% of the client trust fund shortage (reduced by the amount of any overdraft). Coverage is contingent upon compliance with the Law Society’s client identification and verification rules.